STX 0.00% 22.5¢ strike energy limited

Ann: Significant Upgrade of Kingia Gas Discovery, page-99

  1. 8,367 Posts.
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    Again, we had a decent rise on no news yesterday, so you get a small proportion of people thinking "this is getting played by those with inside info" and so we get back to a "sell on the news" dynamic. Let's not forget, some of those who purchased yesterday may have had inside info.
    Plus, the volume is pretty low thus far.

    One way to think about today's announcement is the share price doubled on the initial Kingia announcement, and we've just had a 41% increase in net pay.

    Be patient. Play the long game.
 
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